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SHORTAGE IN BANK AT FARLEY TOTALS NEARLY $40,000 Assistant Cashier Ended His Life When Irregularities Found NO BALANCE ON THE BOOKS SINCE MAY Bank Examiner Discovered Irregularities in Checking Accounts The Associated Press. JEFFERSON CITY, Mo., June Shortage in the Farmers Bank of Farley, at Farley, in Platte county. closed Wednesday during an examination by the state finance department, will total between and $40,000. Fred W. Heyde, state bank examiner reported to the state nance commission here today. The closing also brought about the suicide George Baumgardt. assistant cashier, who shot himself shortly after Examiner Heyde had called for board meeting explain the condition of the bank the directors. In report to the finance commission, Heyde said about $20,000 shortage had been discovered in the individual deposits ledger, and the majority the balance in the time desposits. Depulicate certificates had been used to cover up the short age in the time deposits, Heyde reported. Heyde reported yesterday the books of the bank were mess" and there had been no balance since May Posting of the books several weeks behind, he said. The bank examiner had just startted checking the individual posits accounts in the course regular examination of the bank when the irregularities were discovered. He then called for meeting of the board. which was followby the suicide of the assistant cashier. Baumgardt's father, R. H. Baumgardt, cashier the bank. Henry Lutte was president. Lutte issued statement late yesterday in which he said all depositors "would be paid in full." The bank, in its April statement to the finance department reported total resources of $94,300, loans $72,000. deposits $84,000, bills payable $7,000 and capital stock 000.
